WorksheetsStaffing and Purchasing
Total questions: 40
Worksheet time: 58mins
What is "staffing level"?
The practice of assigning the same number of workers to each department
The average educational level attained by employees of a business
The rank above cashier
the number of workers assigned to jobs at a particular time
Long lines are an indication of what?
Disgruntled employees
Too many people writing checks
Prices that are too low
Understaffing
An understaffed store may become a target for what?
Panhandlers
Shoplifters
Deal-seekers
Tax audit
Which is NOT a symptom of an understaffed store?
Closed cash registers
Unhappy customers
Customer using credit cards
Poor stock maintenance
How do managers deal with over staffing problems?
By making full-time positions part-time
By selling the store
By cutting back store hours
By canceling ad campaigns
Which of the following is NOT a necessary trait of a good employee?
Willingness to accept direction
Tidy appearance
Lives nearby
Good communication skills
Which of the following is NOT something a potential employee needs to know before being hired?
Must memorize the entire product line
The job description
The number of hours to be worked
The wages
When offering a job to an applicant, what should the manager and new hire mutually agree upon?
The date for the holiday party
The starting date
The next year's vacation schedule
The break schedule
What do equal opportunity employment laws do?
Guarantee vacation days for everybody
Guarantee the same number of hours to each employee
Protect employees from discrimination because of gender, race, religion, national origin, age, or disability
What do employee compensation laws do?
Guarantee income in case of injury
Determine minimum wages, the 40-hour work week, and overtime pay
Provide transportation to workers without their own car
What does a store's buyer do?
Keeps track of competitors' prices
Purchases merchandise to sell
Tests the effectiveness of a store's sales force by pretending to be a customer
What is a store's "open-to-buy"?
The number of hours each week that customers can come to shop
A real estate term indicating that a business is up for sale
A spreadsheet listing all unsold merchandise
the amount of money available for purchasing new inventory
What is a "vendor"?
A business that sells merchandise to retail stores for resale
Any automated sales process that needs no human interaction
The head cashier in a store
In the context of retail, which of the following means the same as "stock"?
Floor space
Headroom
Inventory
Common
Which of the following is the responsibility of a vendor?
Properly displaying merchandise
Delivering Merchandise on time
Marking products with the correct prices
Ensuring perishable goods are sold quickly
What does a vendor's invoice typically list?
The minimum retail sales prices
Upcoming specials
the items and quantities in a delivery
the dates by which perishable goods must be sold
Which of the following is not part of the process of checking in stock?
Ensuring stock is in good condition
Reviewing expiration dates of perishable goods
Arranging goods on a display rack
What is just-in-time inventory control designed to do?
Reduce the amount of inventory a store must keep on hand
Eliminate wasteful packaging
Cut down on merchandise lost to theft
Minimize time spent restocking shelves
Which of the following is NOT a type of inventory system?
Physical
Virtual
Perpetual
What does stock turnover measure?
The size of a product's packaging
The ease with which merchandise can be placed on shelves
The sales tax due for each item
How often stock is sold during a given time period
Heather makes $6.55 per hour. She worked 25 hours last week. Heather had payroll deductions of $42.11 for federal, state, and local taxes, and for social security. What was Heather's take home pay?
$97.65
$103.45
$119.80
$121.64
Compute the sum of the wages per week for the following three employees. Employee A worked 40 hours per week at a wage of $9.50 per hour. Employee B worked 38 hours per week at a wage of $8.25 per hour. Employee C worked 39 hours per week at a wage of $7.75 per hour.
$1,014.40
$995.75
$980.25
$1,003.50
Your store has an average time of 90 seconds to process a sales transaction. There are three customers in line to check out. How much time will have passed when the last sales transaction is complete?
4.5 minutes
5 minutes
6.25 minutes
8 minutes
It is a busy lunch hour. Two cashiers are working and there are eight total customers in line. The average time to process each sales transaction is 90 seconds. How much time will have passed when the last sales transaction is complete?
3 minutes
4 minutes
6 minutes
6.5 minutes
You have a budget of $1,440 per week for employees. Employees are paid $12 per hour and work 40 hours per week. Ignoring overhead, how many employees can you hire?
1
2
3
4
Your employee can normally restock 200 items per hour. After 8 hours on the job, her rate decreases 10% per hour. At hour 12 in a long shift, how many items can she restock per hour?
131
147
187
200
Your staff consists of 5 cashiers, 2 stockers, and 3 salespeople. The cashiers are paid $10 per hour; the stockers are paid $9 per hour; the salespeople are paid $14 per hour. What is the average hourly wage across all your workers?
$9 per hour
$10 per hour
$11 per hour
$14 per hour
You have five employees. They work the following number of hours last week: 42, 26, 39,12, 55. What is the median number of hours worked?
26
39
40
42
You ask an employee to string holiday lights around the perimeter of a circular room. The room is 30 feet in diameter. How many feet of lights will she need? (Round to the nearest foot.)
30
79
94
188
You employ 28 people making an average of $33,000 per year. You want to give every employee a 5% increase for next year. What will be the total increase in your company's annual payroll?
$33,000
$36,400
$40,800
$46,200
If you sell 10 units a week and you have 50 units in inventory, then you have how many weeks of inventory?
1
5
7
12
20
You have planned purchases of $2,500. You have received orders that total $1,200, and you have ordered merchandise that totals $700. Calculate the open-to-buy amount.
$4,400
$3,000
$2,000
$600
If a business sells 50 units per week and has 150 units of inventory, then the business has:
14 days of inventory
21 days of inventory
28 days of inventory
35 days of inventory
Compute the open-to-buy for a store with planned purchases of $3,500. Orders received total $975 and merchandise ordered totals $1,200.
$1,200
$1,250
$1,300
$1,325
Compute the stock turnover for a product that has sales of 350 units and an average of 70 units in inventory.
7
5
6
10
Compute the stock turnover in dollars for a product that has sales of $6,000 and an average value of inventory investment of $1,500.
2
3
4
70
A store's buyer places an order for three dozen coffee mugs at a cost of $3.75 each, four dozen plastic glasses at a cost of $1.00 each, and two dozen insulated soft drink holders at a cost of $0.50 each. The delivery charge for this order is $7.50. There are no applicable discounts. What is the total cost of the order? One dozen = 12
$202.50
$235.50
$240.25
$198.00
You place three orders for 100 soccer balls which cost $22 per ball. You receive all 300 balls. There is a delivery charge of $20 per order. What is your average cost per ball including delivery charges?
$20.00
$22.20
$32.20
$33.33
You begin the week with 20 units of milk. You purchase 40 units. Your ending inventory for the week is 30 units. How many units did you sell?
20
30
40
60
You end the summer with 132 baseball bats in inventory. You only average sales of 12 bats per week over the next 4 months. How long will your supply of bats last?
11 weeks
12 weeks
13 weeks
14 weeks
